Tri Pointe Homes Inc Financials

TPH

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 80/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Tri Pointe Homes Inc's revenue surged 20.9% year-over-year to $4.5B, reflecting rapid business expansion. This strong growth earns a score of 88/100.

Leverage

100

Tri Pointe Homes Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

Tri Pointe Homes Inc converts 15.0% of revenue into free cash flow ($672.8M). This strong cash generation earns a score of 75/100.

Returns

Tri Pointe Homes Inc's ROE of 13.7% shows moderate profitability relative to equity, earning a score of 55/100. This is up from 11.4% the prior year.

Piotroski F-Score Strong

7/9

Tri Pointe Homes Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.52x

For every $1 of reported earnings, Tri Pointe Homes Inc generates $1.52 in operating cash flow ($696.1M OCF vs $458.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

This page shows Tri Pointe Homes Inc (TPH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$4.5B

YoY+20.9%

5Y CAGR+7.8%

10Y CAGR+10.2%

Tri Pointe Homes Inc generated $4.5B in revenue in fiscal year 2024. This represents an increase of 20.9% from the prior year.

EBITDA

N/A

Free Cash Flow

$672.8M

YoY+296.0%

5Y CAGR+18.7%

Tri Pointe Homes Inc generated $672.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 296.0% from the prior year.

Net Income

$458.0M

YoY+33.3%

5Y CAGR+17.2%

10Y CAGR+18.5%

Tri Pointe Homes Inc reported $458.0M in net income in fiscal year 2024. This represents an increase of 33.3% from the prior year.

EPS (Diluted)

$4.83

YoY+40.0%

5Y CAGR+26.9%

10Y CAGR+23.6%

Tri Pointe Homes Inc earned $4.83 per diluted share (EPS) in fiscal year 2024. This represents an increase of 40.0% from the prior year.

Cash & Debt

$970.0M

YoY+11.6%

5Y CAGR+24.1%

10Y CAGR+19.0%

Tri Pointe Homes Inc held $970.0M in cash against $646.5M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

92M

YoY-3.7%

5Y CAGR-7.5%

10Y CAGR-5.5%

Tri Pointe Homes Inc had 92M shares outstanding in fiscal year 2024. This represents a decrease of 3.7% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

10.2%

YoY+0.9pp

5Y CAGR+3.5pp

10Y CAGR+5.3pp

Tri Pointe Homes Inc's net profit margin was 10.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.9 percentage points from the prior year.

Return on Equity

13.7%

YoY+2.3pp

5Y CAGR+4.3pp

10Y CAGR+7.9pp

Tri Pointe Homes Inc's ROE was 13.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.3 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$146.7M

YoY-16.0%

5Y CAGR+10.4%

Tri Pointe Homes Inc spent $146.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 16.0% from the prior year.

Capital Expenditures

$23.3M

YoY-8.2%

5Y CAGR-5.1%

10Y CAGR+11.5%

Tri Pointe Homes Inc invested $23.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 8.2% from the prior year.

TPH Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$4.5B+20.9%	$3.7B-14.6%	$4.3B+9.2%	$4.0B+22.1%	$3.3B+5.8%	$3.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$256.0M+17.5%	$218.0M+2.6%	$212.5M+6.2%	$200.2M+20.4%	$166.3M+5.8%	$157.2M
Operating Income	N/A	N/A	$746.5M+23.4%	$605.0M+65.1%	$366.5M+44.4%	$253.9M
Interest Expense	$0	$0	$0	$0	$0	$0
Income Tax	$158.9M+34.5%	$118.2M-38.1%	$190.8M+22.0%	$156.4M+71.5%	$91.2M+42.7%	$63.9M
Net Income	$458.0M+33.3%	$343.7M-40.3%	$576.1M+22.8%	$469.3M+66.3%	$282.2M+36.2%	$207.2M
EPS (Diluted)	$4.83+40.0%	$3.45-37.7%	$5.54+34.5%	$4.12+89.9%	$2.17+47.6%	$1.47

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$854.7M-5.3%	$902.4M+21.8%	$740.9M-40.9%	$1.3B+8.6%	$1.2B+22.9%	$939.4M-25.4%	$1.3B+50.2%	$838.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$56.7M-6.7%	$60.8M+5.4%	$57.7M-17.9%	$70.2M+3.7%	$67.7M+32.0%	$51.3M	N/A	N/A
Operating Income	$69.0M-10.1%	$76.7M-0.2%	$76.9M-46.9%	$144.7M-3.0%	$149.2M+29.4%	$115.3M	N/A	N/A
Interest Expense	$0	$0	$0	$0	$0	$0	$0	$0
Income Tax	$20.8M-12.2%	$23.6M+5.1%	$22.5M-51.4%	$46.3M+12.3%	$41.2M+30.5%	$31.6M-31.9%	$46.4M+102.2%	$22.9M
Net Income	$56.1M-7.6%	$60.7M-5.1%	$64.0M-50.4%	$129.2M+9.5%	$118.0M+19.1%	$99.1M-25.4%	$132.8M+76.2%	$75.4M
EPS (Diluted)	$0.64-5.9%	$0.68-2.9%	$0.70-48.9%	$1.37+9.6%	$1.25+21.4%	$1.03-24.3%	$1.36+78.9%	$0.76

TPH Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.9B-0.5%	$4.9B+4.1%	$4.7B+8.8%	$4.3B+7.8%	$4.0B+4.2%	$3.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$970.0M+11.6%	$869.0M-2.3%	$889.7M+30.5%	$681.5M+9.7%	$621.3M+88.8%	$329.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M
Total Liabilities	$1.6B-18.2%	$1.9B+0.9%	$1.9B-0.3%	$1.9B+5.5%	$1.8B+7.0%	$1.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$646.5M-40.9%	$1.1B+0.3%	$1.1B+0.3%	$1.1B+0.3%	$1.1B+4.8%	$1.0B
Total Equity	$3.3B+10.8%	$3.0B+6.3%	$2.8B+15.7%	$2.4B+9.6%	$2.2B+2.1%	$2.2B
Retained Earnings	$3.3B+10.8%	$3.0B+6.4%	$2.8B+20.0%	$2.4B+24.9%	$1.9B+17.6%	$1.6B

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$5.0B+4.0%	$4.8B-0.6%	$4.8B-1.3%	$4.9B+6.4%	$4.6B-7.5%	$5.0B+1.1%	$4.9B+0.9%	$4.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$792.0M+27.2%	$622.6M-23.4%	$812.9M-16.2%	$970.0M+96.8%	$492.9M-47.8%	$944.0M+8.6%	$869.0M+2.3%	$849.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M0.0%	$139.3M
Total Liabilities	$1.7B+11.9%	$1.5B+0.3%	$1.5B-3.3%	$1.6B+6.8%	$1.5B-24.1%	$1.9B+1.0%	$1.9B-2.3%	$1.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	$646.5M	N/A	N/A	$1.1B	N/A
Total Equity	$3.3B+0.4%	$3.3B-1.0%	$3.3B-0.4%	$3.3B+6.3%	$3.1B+2.9%	$3.0B+1.3%	$3.0B+3.0%	$2.9B
Retained Earnings	$3.3B+0.4%	$3.3B-1.0%	$3.3B-0.4%	$3.3B+6.3%	$3.1B+2.9%	$3.0B+1.3%	$3.0B+3.0%	$2.9B

TPH Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$696.1M+256.5%	$195.3M-56.0%	$444.3M+5.9%	$419.5M-28.6%	$588.0M+86.1%	$316.0M
Capital Expenditures	$23.3M-8.2%	$25.4M-41.8%	$43.6M+47.9%	$29.5M+29.4%	$22.8M-24.7%	$30.3M
Free Cash Flow	$672.8M+296.0%	$169.9M-57.6%	$400.7M+2.7%	$390.0M-31.0%	$565.2M+97.8%	$285.7M
Investing Cash Flow	-$63.5M-140.2%	-$26.4M+54.5%	-$58.1M+19.4%	-$72.1M+18.1%	-$88.0M-136.3%	-$37.3M
Financing Cash Flow	-$531.5M-180.4%	-$189.6M-6.5%	-$178.0M+38.0%	-$287.2M-38.3%	-$207.7M+8.7%	-$227.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$146.7M-16.0%	$174.6M-13.9%	$202.6M-26.6%	$276.0M+10.1%	$250.7M+181.0%	$89.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$45.9M+161.8%	-$74.3M-138.3%	-$31.2M-108.6%	$360.3M+1456.4%	$23.1M-84.0%	$144.7M+105.4%	$70.5M+196.6%	-$72.9M
Capital Expenditures	$6.8M-33.6%	$10.2M+25.7%	$8.1M+85.7%	$4.4M-28.8%	$6.1M-4.5%	$6.4M+2.8%	$6.2M-6.7%	$6.7M
Free Cash Flow	$39.1M+146.3%	-$84.5M-115.1%	-$39.3M-111.0%	$355.9M+1991.3%	$17.0M-87.7%	$138.3M+115.4%	$64.2M+180.7%	-$79.6M
Investing Cash Flow	-$5.0M+86.3%	-$36.3M-1007.2%	-$3.3M+91.3%	-$37.7M-149.1%	-$15.1M-5659.3%	-$263K+69.0%	-$848K+82.3%	-$4.8M
Financing Cash Flow	$128.4M+261.0%	-$79.8M+35.0%	-$122.7M-330.8%	-$28.5M+93.8%	-$459.1M-561.1%	-$69.4M-39.7%	-$49.7M+9.3%	-$54.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$52.0M-48.1%	$100.1M+33.3%	$75.0M+50.0%	$50.0M+36.2%	$36.7M-26.6%	$50.0M0.0%	$50.0M-8.3%	$54.6M

TPH Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	17.2%+2.0pp	15.2%+4.0pp	11.2%+3.0pp	8.2%
Net Margin	10.2%+0.9pp	9.3%-4.0pp	13.3%+1.5pp	11.8%+3.1pp	8.7%+1.9pp	6.7%
Return on Equity	13.7%+2.3pp	11.4%-8.9pp	20.3%+1.2pp	19.2%+6.5pp	12.6%+3.2pp	9.5%
Return on Assets	9.4%+2.4pp	7.0%-5.2pp	12.2%+1.4pp	10.8%+3.8pp	7.0%+1.7pp	5.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.19-0.2	0.36-0.0	0.39-0.1	0.44-0.0	0.49+0.0	0.47
FCF Margin	15.0%+10.4pp	4.6%-4.6pp	9.2%-0.6pp	9.8%-7.5pp	17.3%+8.1pp	9.3%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	8.1%-0.4pp	8.5%-1.9pp	10.4%-2.3pp	12.6%-0.3pp	12.9%+0.7pp	12.3%	N/A	N/A
Net Margin	6.6%-0.2pp	6.7%-1.9pp	8.6%-1.7pp	10.3%+0.1pp	10.2%-0.3pp	10.5%0.0pp	10.5%+1.6pp	9.0%
Return on Equity	1.7%-0.1pp	1.8%-0.1pp	1.9%-1.9pp	3.9%+0.1pp	3.8%+0.5pp	3.3%-1.2pp	4.4%+1.8pp	2.6%
Return on Assets	1.1%-0.1pp	1.3%-0.1pp	1.3%-1.3pp	2.6%+0.1pp	2.6%+0.6pp	2.0%-0.7pp	2.7%+1.1pp	1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.51+0.1	0.460.0	0.45+0.3	0.19-0.3	0.46-0.2	0.63+0.3	0.36-0.3	0.67
FCF Margin	4.6%+13.9pp	-9.4%-4.1pp	-5.3%-33.7pp	28.4%+26.9pp	1.5%-13.3pp	14.7%+9.6pp	5.1%+14.6pp	-9.5%

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Frequently Asked Questions

What is Tri Pointe Homes Inc's annual revenue?

Tri Pointe Homes Inc (TPH) reported $4.5B in total revenue for fiscal year 2024. This represents a 20.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Tri Pointe Homes Inc's revenue growing?

Tri Pointe Homes Inc (TPH) revenue grew by 20.9% year-over-year, from $3.7B to $4.5B in fiscal year 2024.

Is Tri Pointe Homes Inc profitable?

Yes, Tri Pointe Homes Inc (TPH) reported a net income of $458.0M in fiscal year 2024, with a net profit margin of 10.2%.

What is Tri Pointe Homes Inc's earnings per share (EPS)?

Tri Pointe Homes Inc (TPH) reported diluted earnings per share of $4.83 for fiscal year 2024. This represents a 40.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Tri Pointe Homes Inc have?

As of fiscal year 2024, Tri Pointe Homes Inc (TPH) had $970.0M in cash and equivalents against $646.5M in long-term debt.

What is Tri Pointe Homes Inc's net profit margin?

Tri Pointe Homes Inc (TPH) had a net profit margin of 10.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Tri Pointe Homes Inc's return on equity (ROE)?

Tri Pointe Homes Inc (TPH) has a return on equity of 13.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Tri Pointe Homes Inc's free cash flow?

Tri Pointe Homes Inc (TPH) generated $672.8M in free cash flow during fiscal year 2024. This represents a 296.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Tri Pointe Homes Inc's operating cash flow?

Tri Pointe Homes Inc (TPH) generated $696.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Tri Pointe Homes Inc's total assets?

Tri Pointe Homes Inc (TPH) had $4.9B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Tri Pointe Homes Inc's capital expenditures?

Tri Pointe Homes Inc (TPH) invested $23.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Tri Pointe Homes Inc buy back shares?

Yes, Tri Pointe Homes Inc (TPH) spent $146.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Tri Pointe Homes Inc have outstanding?

Tri Pointe Homes Inc (TPH) had 92M shares outstanding as of fiscal year 2024.

What is Tri Pointe Homes Inc's debt-to-equity ratio?

Tri Pointe Homes Inc (TPH) had a debt-to-equity ratio of 0.19 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Tri Pointe Homes Inc's return on assets (ROA)?

Tri Pointe Homes Inc (TPH) had a return on assets of 9.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Tri Pointe Homes Inc's Piotroski F-Score?

Tri Pointe Homes Inc (TPH) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Tri Pointe Homes Inc's earnings high quality?

Tri Pointe Homes Inc (TPH) has an earnings quality ratio of 1.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Tri Pointe Homes Inc?

Tri Pointe Homes Inc (TPH) scores 80 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.